736 Forest AVE Portland, ME 04103
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,540 sqft
MLS Listing ID 1638196
Style New Englander
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,540
Year Built 1900
Annual Tax Amount $9,005
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Source Maine Listings
Land Area 3540
Property Description
The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,9000/month). Strong rental demand and modern finishes position these units for immediate occupancy. Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation.
Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities. A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential.
Also listed as COMMERCIAL MLS#: 1638190
Location
State ME
County Cumberland
Zoning B2b
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Direct Vent Heater
Cooling None
Flooring Wood
Fireplace No
Exterior
Parking Features 1 - 4 Spaces, Paved, On Site
Utilities Available 1
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
Story 3
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Aluminum Siding,Wood Frame
Others
Energy Description Gas Natural
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Harrison Lyseth Elementary School
Public | PK - 5
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Longfellow School-Portland
Public | PK - 5
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Frank I Brown Elementary School
Public | KG - 5
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James Otis Kaler Elementary School
Public | PK - 5
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Fred P Hall School
Public | KG - 5
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Presumpscot School
Public | KG - 5
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East End Community School
Public | PK - 5
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Howard C Reiche Community School
Public | KG - 5
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Riverton School
Public | PK - 5
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Breakwater School
Private | PK - 8
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St Brigid School
Private | PK - 8
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The Children's Center
Private | PK - KG
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Greater Portland Christian School
Private | PK - 12
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Ocean Avenue
Public | KG - 5
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Levey Day School
Private | KG - 5
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Waynflete School
Private | PK - 12
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Glickman Academy
Private | 5 - 12
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Spurwink School-Cummings
Private | 4 - 12
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Holy Cross School
Private | PK - 8
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King Middle School
Public | 6 - 8
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Lincoln Middle School
Public | 6 - 8
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Lyman Moore Middle School
Public | 6 - 8
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Daniel F. Mahoney Middle School
Public | 6 - 8
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Arthur R. Gould School--Lcydc
Public | 8 - 12
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Casco Bay High School
Public | 9 - 12
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Deering High School
Public | 9 - 12
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Portland High School
Public | 9 - 12
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Portland Arts & Technology High School
Public | 9 - 12
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Catherine Mcauley High School
Private | 9 - 12
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Cheverus High School
Private | 9 - 12
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Baxter Academy for Tech & Sciences
Public | 9 - 10
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